In Q1, Austin Carries Texas in Dollars Raised and Deals Made

On December 9th, we hosted our 8th Austin Digital Healthcare Breakfast, closing out 2024 with a dynamic discussion featuring Karina Lynch (DLA Piper) and Avik Roy (FREOPP). With 30+ healthcare entrepreneurs from Austin, we explored critical policy issues, including the confirmation prospects of potential Trump nominees, the likelihood of large-scale Congressional changes, and how early-stage healthcare founders can navigate lobbying effectively.

Special thanks to Karina and Avik for sharing their deep expertise in health policy and legislative strategy. It was a thoughtful, candid dialogue and a fantastic way to wrap up the year!

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Digital Healthcare Breakfast

On October 23, 2024, Opportunity Austin hosted its annual A-LIST Awards. The A-LIST Awards showcase exemplary entrepreneurs and investors who are elevating the ecosystem to new heights. These visionary founders and startups are creating global solutions through innovative technologies and thriving in the Austin ecosystem in a powerful way.

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Four Next Coast Ventures' portfolio companies were nominated, including Braincheck, Somite, Workweek, and TinyHealth.

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Workweek was named the top Series A startup! Congratulations to co-founders Adam Ryan and Becca Sherman.

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https://opportunityaustin.com/opportunity-austin-honors-top-innovators-at-2024-a-list-awards/

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We wrapped up the year with our fourth healthcare breakfast, gathering Austin's digital health leaders, including CEOs, founders, and executives from early-stage ventures. A highlight of the morning was the exchange of insights on talent and compensation trends, led by Pamela Zients. Pamela provided a comprehensive overview of the market, shedding light on the current landscape and offering perspectives that are crucial for making informed hiring decisions.

Key Discussions and Insights

The discussions at this breakfast centered on making critical hiring decisions in the digital health sector. We explored several nuanced topics, including:

• Industry vs. Functional Expertise: Debating whether to prioritize hiring individuals with specific industry knowledge or those with functional expertise to drive company success.
• Short-Term Goals vs. Long-Term Commitment: Examining the balance between achieving immediate objectives and fostering long-term employee loyalty and development.
• Relocation Trends: Understanding the current appetite for relocation among potential hires and how it impacts talent acquisition strategies.

Looking Ahead

We are grateful to all the attendees for their participation and contributions to these discussions. Your engagement helps us continue fostering a collaborative environment within the digital healthcare community.

Thank you to Pamela Zients for leading the conversation and sharing your valuable expertise.